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What is the richest currency in Asia?

Asia is home to some of the world's most vibrant economies and thriving financial markets. With diverse cultures, histories, and economic landscapes, the continent...

India’s Central Bank Lifts Restrictions on Forex Non-Deliverable Forward Arbitrage by Banks

India's central bank, the Reserve Bank of India (RBI), is reportedly easing restrictions on banks' arbitrage trades involving the outright foreign exchange over-the-counter (OTC)...

Dollar Retreats Ahead of Key Economic Data in a Packed Week

The dollar saw a mostly lower performance as market participants anticipated U.S. durable goods orders and crucial inflation data later in the week, which...

MicroStrategy Acquires 3,000 Bitcoins for $155 Million, Expanding Holdings to 193,000 Bitcoins

MicroStrategy, led by Michael Saylor, has announced the purchase of an additional 3,000 Bitcoins for approximately $155 million, according to securities filings. The average...

Bitcoin Surges 10%, Hits $56,662.4

Bitcoin experienced a remarkable rally on Tuesday, trading at $56,662.4 by 21:08 (02:08 GMT) on the Index, marking a significant 10.08% increase in a...

Bitcoin Surges Past $56,000 with Sustained Inflows into Spot ETFs

Bitcoin prices soared beyond key levels on Tuesday, experiencing a nearly 10% jump to reach $56,256.9, marking its highest level in over two years....

What does swap free mean in forex?

In the expansive world of financial markets, Forex (foreign exchange) trading stands out as a dynamic and intricate landscape where traders seek opportunities in...

What is raw spread account in forex?

In the vast realm of financial markets, Forex (foreign exchange) trading stands out as one of the most dynamic and liquid arenas. Within the...

Japan Stocks Reach New All-Time High, Nikkei 225 Up 0.28%

Japan stocks closed higher on Monday, with the Nikkei 225 gaining 0.28% and setting a new all-time high. The upward momentum was driven by...

GBPJPY Exploits Support Line Stability, Maintaining Bullish Momentum – Analysis for 26-2-2024

The GBPJPY pair continues its bullish trajectory, consistently holding above the supplementary support level at 189.90. Recent market activity saw the pair achieving a...

Who decides the spot price of gold?

Gold, with its enduring allure and historical significance, plays a pivotal role in the global financial landscape. The spot price of gold, representing the...

Is the spot price of gold the same in every country?

Gold, with its timeless allure and universal appeal, has been a symbol of wealth and prosperity throughout human history. In the modern era of...

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